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Tuesday, April 23, 2024

Finance chief reveals “lots of people knocking” on Howden’s door


Finance chief reveals “lots of people knocking” on Howden’s door | Insurance coverage Enterprise America

CEO open to welcoming traders

Finance chief reveals "a lot of people knocking" on Howden's door

Insurance coverage Information

Terry Gangcuangco

It’s been revealed that world insurance coverage group Howden is getting consideration from traders, and group chief government David Howden isn’t against the concept of probably welcoming new stakeholders to again acquisitions.

“That technique is one thing that we might positively be open to,” Howden advised Reuters, referring to potential fairness investments that would assist fund M&A (mergers and acquisitions) transactions.

In the identical interview, group chief monetary officer Mark Craig mentioned: “We’ve bought lots of people knocking on the door.”

As introduced together with its monetary outcomes final week, Howden has £1.1 billion at its disposal to additional develop the UK-headquartered enterprise.

In 2023, Howden accomplished 56 acquisitions and welcomed 1,000 new worker shareholders. Globally, the group is manned by round 16,000 folks.             

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